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Mad Money Monkey

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Mad Money Monkey

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Saturday, 10/10/2020 9:43:51 PM

Saturday, October 10, 2020 9:43:51 PM

Post# of 752
Need some help. Question: I am holding 110 JE Oct. 16 $1 Calls from Pre-RS. Each contract now represents 3 shares. When I try to exercise, the Review transaction page says I can buy 11,000 common shares of JE @$1.00

If I were to deposit $11,000 plus brokers fees, can I really buy 11,000 JE Commons for a buck, or is this some kind of glitch and I'm screwed?

I tried an experiment and reduced the number of options trades I wanted to execute to an amount I could cover with funds from my account. Got a message saying that the transaction could not be completed and to contact them.

Broker: TD Ameritrade

I made it idiot proof! Then they sent me a better idiot.....

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